Pasadena, TX

Estimated Annual Costs

Pasadena is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 76 (where 100 equals the national median), Pasadena residents can expect to pay median rent of $1,201/month while earning a median household income of $64,270/year.

The median home value in Pasadena, TX is $193,600, with typical monthly owner costs around $1,141 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Pasadena.